STIFTELSEN NORTH ATLANTIC INSTITUTE FOR SUSTAINABLE FISHING (NAIS)

6475 MIDSUND

Finances

Return on Equity

234,64 %

Current Ratio

0,51

Debt-to-Equity Ratio

−13,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	912 000	1 001 000	458 000	51 000
Net Income	−359 000	176 000	139 000	−324 000
Total Assets	6 285 000	3 116 000	1 713 000	438 000
Total Equity	−153 000	206 000	30 000	−109 000

Income (NOK)	2022	2021	2020	2019
Revenue	912 000	1 001 000	458 000	51 000
Expenditure	1 210 000	825 000	319 000	375 000
Operating Profit	−298 000	176 000	139 000	−324 000
Financial Income	0	0	0	0
Financial Costs	61 000	0	0	0
Financial Balance	−61 000	0	0	0
Earnings Before Tax	−359 000	176 000	139 000	−324 000
Tax	0	0	0	0
Net Income	−359 000	176 000	139 000	−324 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 011 000	2 580 000	1 344 000	0
Total Current Assets	2 274 000	536 000	370 000	438 000
Total Assets	6 285 000	3 116 000	1 713 000	438 000
Total Retained Equity	−603 000	−244 000	−420 000	−559 000
Total Equity	−153 000	206 000	30 000	−109 000
Total Long-Term Debt	2 000 000	800 000	0	0
Total Current Debt	4 437 000	2 110 000	1 683 000	547 000
Total Equity and Debt	6 285 000	3 116 000	1 713 000	438 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	537 000	498 000	458 000	51 000
Other Income	375 000	503 000	0	0
Revenue	912 000	1 001 000	458 000	51 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	10 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 210 000	825 000	319 000	375 000
Operating Profit	−298 000	176 000	139 000	−324 000
Financial Income	0	0	0	0
Financial Costs	61 000	0	0	0
Financial Balance	−61 000	0	0	0
Dividends	0	0	0	0
Net Income	−359 000	176 000	139 000	−324 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 998 000	2 566 000	1 344 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	14 000	14 000	0	0
Total Fixed Assets	4 011 000	2 580 000	1 344 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	32 000	37 000	8 000
Total Current Assets	2 274 000	536 000	370 000	438 000
Total Assets	6 285 000	3 116 000	1 713 000	438 000
Total Equity	−153 000	206 000	30 000	−109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000 000	800 000	0	0
Creditors	4 121 000	1 795 000	419 000	547 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	316 000	315 000	1 264 000	0
Total Current Debt	4 437 000	2 110 000	1 683 000	547 000
Total Equity and Debt	6 285 000	3 116 000	1 713 000	438 000

Financial indicators	2022	2021	2020	2019
Return on Equity	234,64 %	85,44 %	463,33 %	297,25 %
Debt-to-Equity Ratio	−13,07	3,88	0	−0
Operating Profit Margin	−32,68 %	17,58 %	30,35 %	−635,29 %
Current Ratio	0,51	0,25	0,22	0,8
Quick Ratio	0,51	0,25	0,22	0,8
Equity Ratio	−0,02	0,07	0,02	−0,25
Gross Profit Margin	100 %	100 %	100 %	100 %